Insurer

Insurer Standing in Bankruptcy Cases: A Controversial Debate that Could Impact Mass Tort Resolutions

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Houston, Texas – Insurers seeking broad standing in mass tort bankruptcy cases face opposition from legal experts. The U.S. Supreme Court is considering whether to endorse insurer standing in the case of Truck Insurance Exchange v. Kaiser Gypsum Company Inc., with some arguing that a broad view of insurer standing would eliminate obstacles to resolving insurer objections. However, experts argue that insurers’ claims are based on two fallacies and that expanding their standing would only lead to unnecessary delays in bankruptcy proceedings. The first fallacy criticized by legal experts is the notion that the goal … Read more

The Supreme Court to Decide on Insurer Participation in Bankruptcies, Potentially Impacting the Surge in Mass Tort Lawsuits

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New York, NY – A case coming before the U.S. Supreme Court this term may have far-reaching consequences for the nation’s mass tort lawsuits. The issue at hand is whether insurers should be allowed to participate in bankruptcies where tort claims are involved. Currently, debtors and creditors have the right to participate, but insurers are often left out. The question is whether insurers, who play a role in defending tort cases, should be considered “party-in-interest” and have a say in the bankruptcy process. The Supreme Court will weigh in on this issue in the case … Read more

Groundbreaking Verdict: Jury Rejects LSD’s Role in Quadriplegia, Forces Insurer to Compensate $1M

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Middletown, CT – In a groundbreaking trial, a jury has determined that the use of LSD did not cause a man’s quadriplegia, ordering an insurance company to pay him $1 million in compensation. The verdict challenges the long-held belief that psychedelic drugs can lead to physical disabilities and raises questions about the responsibility of insurers in covering such claims. The case involved a man who claimed that his use of LSD resulted in his quadriplegia, a condition that left him paralyzed from the neck down. However, after a thorough examination of medical evidence and expert … Read more

Man Awarded $1.3 Million in Lawsuit Against NJ Insurer for Uninsured-Motorist Benefits

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Camden County in New Jersey has awarded $1.3 million to a man who was injured in a motor vehicle accident. The man, Kevin Bland, filed a claim against his own insurer, New Jersey Manufacturers, for uninsured-motorist benefits. The jury trial took three days and the verdict was reached on August 10 before Superior Court Judge Judith Charny. Bland’s injuries included a tear in his lateral meniscus and bulging discs in the lumbar spine. His lawyers stated that he received injections and physical therapy for his injuries. During the trial, both sides presented medical experts. Dr. … Read more